Oil, Gas & Mining

12-03-2007
The General Company for Phosphate and Mines (GECOPHAM) expects to achieve a 15.4 percent growth in profit in 2007.
19-02-2007
Results from drilling at Tigris-1 well have been inconclusive and have led to a disagreement on the commercial prospects among the two partners in Block 26
12-02-2007
Gulfsands has announced that it had contracted with Crosco for the supply of a rig to be used for drilling works that will start in the middle of this month
05-02-2007
Ten new blocks will be offered for concession in the coming two months according to the Syrian Minister of Petroleum
29-01-2007
The local demand on diesel is expected to reach 7.7 million tons in 2007, according to the estimates of Mahrukat, the state-owned firm in charge of distributing oil by-products.
15-01-2007
Works on the first phase of the Syrian section of the Arab Gas Pipeline are moving on schedule according to officials from the Syrian Gas Company
15-01-2007
Syria’s production of phosphate reached 3.664 million tons in 2006 according to the General Company for Phosphate and Mines
08-01-2007
Noor Financial Investment Company (Noor), a Kuwait-based investment firm, will start building a new oil refinery in Syria before the end of 2007
26-12-2006
Syria's crude oil output averaged 404 000 barrels a day in 2006 according to Naji Otri, Syria’s Prime Minister.
11-12-2006
INA has announced that it had started test production of natural gas from the Palmyra field.
11-12-2006
IPR Energy, has started drilling works on Block 24, in the eastern region of Syria.
04-12-2006
Tanganyika Oil Company is commissioning a new reserves analysis based on the results of drilling, and 3D seismic and steam stimulation at the Oudeh and Tishrin fields in Syria, which indicate a potential increase in oil resources and quality.
28-11-2006
Maurel & Prom, a French independent oil company, has signed a production sharing contract over Block XI located in central-west Syria
20-11-2006
Mahrukat is on its way to a record year in terms of sales as demand continues to grow.
13-11-2006
Petro-Canada has announced that it had acquired Marathon’s assets in two major gas fields near Palmyra

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